With Rick Santorum focusing his efforts on ridding the world of that pesky birth control and Newt Gingrich turning his attention to the truly noble pursuit of convincing a woman to permit an open marriage, we’re now left with two candidates for the 2012 presidential election: Republican Mitt Romney and the incumbent, Democrat Barack Obama.
And while we’re loathe to disagree with the geniuses at The Onion, to our readers the upcoming election is much more than simply deciding between the “money man and the black guy.” No, there are tax dollars at stake, and with the candidates campaigning on vastly differing tax platforms, where you fall within the economic spectrum will likely go a long way towards determining who’ll get your vote.
Middle class salaried employee? You’re probably pulling for Obama.
Millionaire fund manager? You’re damn sure voting for Romney.
For everyone else, there is much to consider when deciding which candidate’s tax plan works best for you. Unfortunately, there’s no “one stop shop” containing the details of each man’s policies, as many of the proposals have been presented as part of less formal campaign rhetoric or, in the case of Obama, future budget proposals. So to facilitate the decision-making process, we’ve culled through the articles, campaign websites, and speeches to put together the following high-level comparison of each candidate’s tax promises, policies and proposals.
Please note, these proposals WILL change, but as of June 4, 2012, the following accurately represents the tax policies upon which Mitt Romney and Barack Obama will be seeking election for president. We’ll update them as necessary.
Click to download a PDF: Presidential Tax Comparison June 2012 (2)
or click to enlarge: